NEW
YORK, Aug. 6, 2024 /PRNewswire/ -- The global
sarcoma therapeutics market size is estimated to grow by
USD 1.11 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a
CAGR of 8.51% during the forecast period. Patient assistance
programs is driving market growth, with a trend towards R
and D of new drugs for oh treatment. However, high treatment
costs poses a challenge. Key market players include Adaptimmune
Therapeutics plc, Advenchen Laboratories LLC, Agenus Inc., Agios
Inc., Athenex Inc., Bayer AG, Bristol Myers Squibb Co., Eisai Co.
Ltd., Eli Lilly and Co., GlaxoSmithKline Plc, Ipsen Pharma, Johnson
and Johnson Services Inc., Karyopharm Therapeutics Inc., LadRx
Corp., Mirati Therapeutics Inc., Novartis AG, Pfizer Inc.,
PharmaMar SA, and SillaJen Co. Ltd..
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Sarcoma Therapeutics
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
8.51%
|
Market growth
2024-2028
|
USD 1110.8
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
7.67
|
Regional
analysis
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Performing market
contribution
|
North America at
41%
|
Key
countries
|
US, China, Germany,
Canada, and UK
|
Key companies
profiled
|
Adaptimmune
Therapeutics plc, Advenchen Laboratories LLC, Agenus Inc., Agios
Inc., Athenex Inc., Bayer AG, Bristol Myers Squibb Co., Eisai Co.
Ltd., Eli Lilly and Co., GlaxoSmithKline Plc, Ipsen Pharma, Johnson
and Johnson Services Inc., Karyopharm Therapeutics Inc., LadRx
Corp., Mirati Therapeutics Inc., Novartis AG, Pfizer Inc.,
PharmaMar SA, and SillaJen Co. Ltd.
|
Market Driver
Recent advancements in the development of new drugs for
osteosarcoma treatment focus on overcoming challenges with current
chemotherapy approaches, such as side effects and drug resistance.
Innovative strategies, including nanocarriers for targeted drug
delivery, immunotherapy, and targeted therapy, are being explored
to enhance treatment outcomes for osteosarcoma patients.
Nanocarriers utilize selective delivery of chemotherapeutic agents
to tumor sites, increasing treatment efficacy and minimizing side
effects. Immunotherapy drugs, like immune checkpoint inhibitors,
muramyl tripeptide, and monoclonal antibodies, harness the immune
system to recognize and attack osteosarcoma cells. Targeted therapy
drugs, such as Tazverik (Tazemetostat-EPZ-6438), interfere with
specific molecules within cancer cells. The U.S. Food and Drug
Administration (FDA) has granted a rare pediatric disease
designation to Lisata Therapeutics' osteosarcoma treatment, LSTA1,
which enhances absorption of co-administered drugs. These
advancements underscore ongoing efforts to provide more effective
and less toxic therapies for osteosarcoma patients, driving market
growth during the forecast period.
The Sarcoma Therapeutics market is witnessing significant trends
in manufacturing excellence and supply chain optimization to
deliver patient-centric solutions for various types of sarcomas,
including bone, soft tissues, fibrous tissue, cartilage, muscle,
liposarcoma, osteosarcoma, and rhabdomyosarcoma. Novel drugs and
automated processes are driving innovation in the market. Sarcoma
affects both children and adults, and its incidence and diagnosis
are on the rise. The risk of death from this type of cancer varies
depending on the grade and type. Therapies and treatments include
antibodies, surgery, and medical expenses can be high, making
health insurance and cost of reimbursement crucial considerations.
Regulatory frameworks and regional markets continue to evolve, with
technological advancements playing a key role in diagnosis and
treatment. Overall, the Sarcoma Therapeutics market is focused on
improving patient outcomes and reducing the burden of this
disease.
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Market Challenges
- The global sarcoma therapeutics market faces significant
challenges due to the high cost of treatment. Most approved drugs
are large molecules with complex manufacturing processes and high
research and development costs, leading to expensive prices. This
high cost negatively impacts patient adherence, particularly in
regions without reimbursement policies or patient assistance
programs. Furthermore, the low purchasing power of patients in
Asia and Africa exacerbates this issue. Additionally,
the lack of distribution networks in these regions increases
distribution costs, making it difficult to provide affordable
medications. Consequently, expanding access to sarcoma therapeutics
remains a significant challenge for the market.
- The sarcoma therapeutics market encompasses a heterogeneous
group of malignant tumors affecting connective tissues, including
bones, muscles, tendons, blood vessels, fat, nerves, and skin.
Sarcoma tumors, such as malignant bone sarcomas, have various
subtypes and risk factors, including genetic mutation, lymph system
involvement, and exposure to chemicals and radiation. Developing
effective treatments for this diverse group of cancers poses
significant challenges. The treatment landscape includes
chemotherapy, targeted therapy, and immuno-oncology agents.
Telemedicine and remote care are increasingly important in
delivering sarcoma care, fostering a collaborative atmosphere and
enabling data sharing. Public awareness campaigns and government
efforts are crucial for early detection and diagnosis. Pharmacy
distribution channels include hospital, retail, and online, with
ongoing developments in personalized medicine techniques and
strategic alliances driving the clinical pipeline. Key therapeutic
approaches include checkpoint inhibitors, cancer vaccines, gene
therapy, small molecules, and monoclonal antibodies. Clinical
trials, label extensions, and ongoing research collaborations
continue to expand the range of treatment options for sarcoma
patients.
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Segment Overview
This sarcoma therapeutics market report extensively covers
market segmentation by
- Type
- 1.1 Soft tissue sarcoma
- 1.2 Osteosarcoma
- Geography
- 2.1 North America
- 2.2 Europe
- 2.3 Asia
- 2.4 Rest of World (ROW)
1.1 Soft tissue sarcoma- The Sarcoma Therapeutics
Market is experiencing significant growth due to the increasing
prevalence of sarcoma and the development of new targeted
therapies. Companies are investing in research and development to
bring innovative treatments to market. Key players include Eli
Lilly, Pfizer, and Roche. The market is expected to reach
USD7.3 billion by 2026, driven by the
approval of new drugs and expanding patient populations.
Collaborations and partnerships are also fueling advancements in
the field.
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analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
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The global Ewing's Sarcoma Treatment Market is experiencing
robust growth due to advances in targeted therapies and increasing
awareness. Meanwhile, the global Bone Cancer Drugs Market is also
on an upward trajectory, driven by the rising incidence of bone
cancer and innovation in drug development.
Research Analysis
The Sarcoma drugs market is witnessing significant growth due to
the increasing incidence of sarcoma, a type of cancer that affects
the bone, soft tissues, fibrous tissue, cartilage, and blood
vessels. Sarcoma accounts for less than 1% of all cancers but
causes approximately 1% of all cancer deaths. The developmental
pipeline for sarcoma drugs is robust, with several novel drugs in
various stages of clinical trials. Technological advancements in
diagnostic methods, such as automated processes, are improving
early detection rates. The rising incidence of sarcoma,
particularly soft tissue sarcoma, and the increasing awareness of
this disease are driving the demand for effective and affordable
therapeutics. Despite the challenges, the market is expected to
grow due to the unmet medical need for effective treatments for
sarcoma. The market is also witnessing an increase in demand for
low-cost therapeutics to make treatments more accessible to
patients.
Market Research Overview
The Sarcoma drugs market is witnessing significant growth due to
the increasing number of sarcoma cases and the development of new
therapeutic modalities. Sarcoma is a rare cancer that affects the
connective tissues, including bones, muscles, tendons, blood
vessels, fat, and nerves. It is a heterogeneous group of malignant
tumors, with various histological subtypes such as osteosarcoma,
chondrosarcoma, liposarcoma, rhabdomyosarcoma, and others. The
patient population for sarcoma is relatively small, but the number
of deaths caused by this cancer is substantial. The diagnostic
methods for sarcoma are improving, leading to earlier detection and
better treatment outcomes. Pharmaceutical firms and academic
organizations are investing in the development of new therapeutic
agents, including immunotherapies, targeted medicines, and
combination treatments. Partnerships and collaborations between
these entities are also increasing, as the complexity of developing
new sarcoma drugs requires a collaborative atmosphere and data
sharing. The treatment landscape for sarcoma is diverse, with
chemotherapy, targeted therapy, and immuno-oncology agents being
the primary treatment types. Healthcare providers offer these
treatments through various channels, including hospital pharmacy,
retail pharmacy, and online pharmacy. The clinical pipeline for
sarcoma drugs is rich, with several promising new drugs in
development, including checkpoint inhibitors, cancer vaccines, gene
therapy, and small molecules. Government efforts to increase
awareness and funding for sarcoma research are also contributing to
the growth of the Sarcoma drugs market. Personalized medicine
techniques and strategic alliances between pharmaceutical companies
and healthcare providers are also driving innovation in the field.
The use of telemedicine and remote care is becoming more prevalent,
providing greater access to treatment for patients in remote areas.
Risk factors for developing sarcoma include genetic mutation, lymph
system issues, chemical exposure, radiation, and age. Sarcoma can
affect both children and adults, and the type and grade of cancer
can vary significantly. The market for Sarcoma drugs is expected to
continue growing as new treatments and diagnostic methods are
developed, providing hope for those affected by this rare and often
misunderstood cancer.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Soft Tissue Sarcoma
- Osteosarcoma
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
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trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
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Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
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